India reaches 10% of world trade of Bitcoin / Dollar

in bitcoin •  8 years ago  (edited)

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India contributed more than 10% of the BTC / USD traded volumes last month, according to data from Blockchainda ARK product leader Chris Burniske.ntributed more than 10% of the BTC / USD traded volumes last month, according to data from Blockchainda ARK product leader Chris Burniske.

Reproducing a chart of major markets via Twitter on Thursday, Chris highlighted India's growing role in the currency market, which accounts for more than 10% of the total for the month until June 15.

Chris further commented that he was"curious," and wondered what that might mean for the future of bitcoin.


Hello#India🇮🇳we’ve been expecting you! Very curious to see where this goes for#bitcoin. h/[email protected]/9uacy5GZH9

India has witnessed a steady growth in the trade debitcoine othercriptomoedas. Despite the mixed signals given by the country's central bank and government figures, the uncertainty surrounding Rwanda has risen sharply among Indian investors seeking a safe haven.

 Accordingto docoin.dance data, the Indian country has had a wide Upward trend from week to week, with a recent increase linked to bitcoin's brief slowdown in late May, which saw prices drop below $ 2,000.


India has witnessed a steady growth in the trade debitcoine othercriptomoedas. Despite the mixed signals given by the country's central bank and government figures, the uncertainty surrounding Rwanda has risen sharply among Indian investors seeking a safe haven Accordingto docoin.dance data, the Indian country has had a wide Upward trend from week to week, with a recent increase linked to bitcoin's brief slowdown in late May, which saw prices drop below $ 2,000. 

India's banking sector, however, is also waking up to the benefits of Blockchain technology, testing and successfully a joint scheme known as "Bankchain" last month. Was that high volume already expected coming from Indians? Leave your opinion in the comments below:


India has witnessed a steady growth in the trade debitcoine othercriptomoedas. Despite the mixed signals given by the country's central bank and government figures, the uncertainty surrounding Rwanda has risen sharply among Indian investors seeking a safe haven. Accordingto docoin.dance data, the Indian country has had a wide Upward trend from week to week, with a recent increase linked to bitcoin's brief slowdown in late May, which saw prices drop below $ 2,000.India has witnessed a steady growth in the trade debitcoine othercriptomoedas. Despite the mixed signals given by the country's central bank and government figures, the uncertainty surrounding Rwanda has risen sharply among Indian investors seeking a safe haven. Accordingto docoin.dance data, the Indian country has had a wide Upward trend from week to week, with a recent increase linked to bitcoin's brief slowdown in late May, which saw prices drop below $ 2,000.



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